Tag
EFCC
A former Minister of Aviation, Hadi Sirika has been granted N100 million naira bail in fraud-related charges instituted against him and others by the Economic and Financial Crimes Commission (EFCC). Bail was also granted to his daughter, Fatima, and son-in-law, Jalal Hamma, in like sum
The EFCC has indicted a former Minister of Aviation, Hadi Sirika, in an alleged contract fraud involving his daughter and in-law as well as fraudulent practices associated with the Nigeria Air debacle.
The EFCC has filed a lawsuit against SSL Industry Company Limited and two Chinese directors for alleged N1.2 billion tax evasion.
The FHC has adjourned the money laundering trial of Ali Bello.
The Economic Financial Crime Commission (EFCC) has refuted claims that it published a list of former governors currently under investigation for N2.187 trillion alleged corruption by the anti-corruption agency.
Nollywood veteran, Shan George, has cried out in a desperate plea for help following an alleged bank fraud which saw the disappearance of N3.6 million from her Zenith Bank account.
A Federal Capital Territory High Court, Abuja on Tuesday has adjourned the fresh arraignment of the suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over alleged unlawful printing of naira notes, to May 15, 2024.
Meanwhile, Nairametrics analyzed that the potential funds targeted by the anti-graft agency in some of the cases, particularly from the past administration, might be over N6 trillion.
Nigerian banks lost a total of N2.09 billion to frauds in Q4 2023 with mobile emerging as the top channel through which the largest amount was lost.
Some of the fintechs pointed out that the directive may have been misdirected given that most of the accounts involved were commercial bank accounts.
A Federal High Court in Abuja has approved an interim order requested by the Economic and Financial Crimes Commission (EFCC) to freeze at least 1,146 bank accounts owned by various individuals and companies allegedly involved in illegal foreign exchange transactions.
The new rate represents a 10% increase when compared to N1,400 to a dollar it traded at the close of trading activity on Friday.